Global Carbon Thermoplastic Composites Market Size & Outlook

The global carbon thermoplastic composites market size was estimated at USD 7,264.2 million in 2025 and is projected to reach USD 14,131.1 million by 2033, growing at a CAGR of 8.7% from 2026 to 2033.
Revenue, 2025 (US$M)
$7,264.2
Forecast, 2033 (US$M)
$14,131.1
CAGR, 2026 - 2033
8.7%
Report Coverage
Worldwide

Global carbon thermoplastic composites market, 2021-2033 (US$M)

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Global carbon thermoplastic composites market highlights

  • The global carbon thermoplastic composites market generated a revenue of USD 7,264.2 million in 2025 and is expected to reach USD 14,131.1 million by 2033.
  • The market is expected to grow at a CAGR (2026 - 2033) of 8.7% by 2033.
  • In terms of segment, pan accounted for a revenue of USD 7,584.4 million in 2025.
  • PAN is the most lucrative raw material segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2025.
  • Country-wise, India is expected to register the highest CAGR from 2026 to 2033.

Global data book summary

Market revenue in 2025USD 7,264.2 million
Market revenue in 2033USD 14,131.1 million
Growth rate8.7% (CAGR from 2026 to 2033)
Largest segmentPan
Fastest growing segmentPAN
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPAN, Pitch

Other key industry trends

  • In terms of revenue, the North America accounted for 36.3% of the global carbon thermoplastic composites market in 2025.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, India is the fastest growing regional market and is projected to reach USD 702.0 million by 2033.

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Carbon Thermoplastic Composites Market Companies

Name Profile # Employees HQ Website
SGL Carbon SE View profile 4753 Sohnleinstrasse 8, Wiesbaden, Germany, 65201 https://www.sglcarbon.com
Plasan Carbon Composites View profile 501-1000 Walker, Michigan, United States, North America http://www.PlasanCarbon.com
DowAksa View profile 101-250 Istanbul, Istanbul, Turkey, Europe http://www.dowaksa.com/
Mitsubishi Chemical Group Corp View profile 74632 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 https://www.mcgc.com
Solvay SA View profile 9000 Rue De Ransbeek, 310, Brussels, Belgium, B-1120 https://www.solvay.com
Gurit View profile 5001-10000 Zürich, Zurich, Switzerland, Europe http://www.gurit.com/
Hexcel Corp View profile 5590 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 https://www.hexcel.com
Teijin Ltd View profile 24499 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 http://www.teijin.co.jp
Toray Industries Inc View profile 48682 Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 http://www.toray.co.jp

Global carbon thermoplastic composites market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon thermoplastic composites market will help companies and investors design strategic landscapes.


Pan was the largest segment with a revenue share of 104.41% in 2025. Horizon Databook has segmented the Global carbon thermoplastic composites market based on pan, pitch covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Carbon Thermoplastic Composites Raw Material Outlook (Revenue, USD Million, 2021-2033)
    • PAN
    • Pitch
  • Global Carbon Thermoplastic Composites Application Outlook (Revenue, USD Million, 2021-2033)
    • Automotive
    • Construction
    • Marine
    • Wind Turbines
    • Sports/Leisure
    • Others Application
    • Aerospace & Defense

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Horizon Databook provides a detailed overview of global-level data and insights on the Global carbon thermoplastic composites market , including forecasts for subscribers. This global databook contains high-level insights into Global carbon thermoplastic composites market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global carbon thermoplastic composites market size, by regions, 2021-2033 (US$M)

Top 10 countries: Carbon thermoplastic composites market size, 2025 (US$M)

Global carbon thermoplastic composites market share, by raw material, 2025 & 2033 (%, US$M)

Carbon thermoplastic composites market: Opportunity assessment by country

Global carbon thermoplastic composites market, by region, 2025 (US$M)

Global carbon thermoplastic composites market size, by regions, 2021-2033 (US$M)

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